Is Ethereum Price Gearing Up For A New All-Time High? |

Ethereum is up more than 11% in the past 24 hours, erasing its recent losses, and may now be approaching its all-time high above $2,600.

Ether is showing impressive growth and is up 11% in the past 24 hours to erase its recent losses. Yesterday, Ethereum broke through the first major resistance level at $2,339 before falling below $2,200.

However, it has since resumed its uptrend and broken through the $2,349 level and the $2,400 level. At the time of writing, ETH is trading at $2,485 after breaking through a key resistance level at $2,474.

Analyst The Crypto Dog believes ETH could hit a new record high in the coming days.

I think the $ETH will see atoms in the next 3-4 days.

– CryptoDog (@TheCryptoDog) April 25, 2021

ETH price forecast

The 4-hour chart of ETH/USD shows that the crypto-currency is currently in a rally phase. After losses late last week, the ETH recovered over the weekend and is now trying to regain its all-time high.

If the current trend continues, the ETH/USD pair could break through the important resistance point of $2,533. A longer rally could target the all-time high ($2,644) and pave the way for ETH to set a new all-time high above it.

Chart 4 hours ETH/USD. Source: Coincide

The MACD line is drifting into bullish territory and the RSI is closing at 60. Meanwhile, ETH is trading well above its 100-day simple moving average ($2,248), suggesting that the cryptocurrency is currently enjoying strong support.

However, the ETH/USD pair could drop down to the $2,163 support point. Barring a prolonged selloff, the cryptocurrency will likely stay away from the $2,000 lower boundary. Ether has a base support level of $2,082 and its 23.6% FIB of $2,041 should limit losses.

frequently asked questions

How much will Ethereum cost in 2030?

Ethereum-2025 predictive price …

What was the record value of etherium?

› eth-reaches-time-high-154232709

Will the level of etherapy increase in 2020?

Ethereum News – Price Forecast-2020-2…

Related Tags:

ethereum price prediction 2025what is eth all-time highethereum price 2021ethereum price historybitcoin priceethereum price usd,People also search for,Feedback,Privacy settings,How Search works,Bitcoin,Ethereum,Dogecoin,Litecoin,Ripple,Ethereum Classic,See more,ethereum price prediction 2025,what is eth all-time high,ethereum price 2021,ethereum price history,bitcoin price,ethereum price usd,ethereum news,bitcoin price usd

Get in Touch

Related Articles

Filecoin price prediction: Filecoin spikes to $88, reversal today? 

In the past 24 hours, Filecoin has spiked to $88.00. The cryptocurrency saw a high of $88.00 and a low of $76.57, and quickly...

[Which DEX has the Best Liquidity Pools?]

Hey there! Before reading the article which is about , you should read about best liquidity pools 2021. It shares basic information about this...

Shiba Inu (SHIB) – Here’s Is What You Should Know About This Crypto Before You Invest

As the name of the currency SHIB implies, it is a cryptocurrency based on the meme Shiba Inu. The meme is a Japanese dog...

Latest Posts

Filecoin price prediction: Filecoin spikes to $88, reversal today? 

In the past 24 hours, Filecoin has spiked to $88.00. The cryptocurrency saw a high of $88.00 and a low of $76.57, and quickly...

[Which DEX has the Best Liquidity Pools?]

Hey there! Before reading the article which is about , you should read about best liquidity pools 2021. It shares basic information about this...

Shiba Inu (SHIB) – Here’s Is What You Should Know About This Crypto Before You Invest

As the name of the currency SHIB implies, it is a cryptocurrency based on the meme Shiba Inu. The meme is a Japanese dog...

Ethereum Options Trade Volume Exceeds Bitcoin’s, Deribit Introduces a $50K ETH Strike for 2022 – Finance Bitcoin News

Hey there! Before reading the article which is about Ethereum Options Trade Volume Exceeds Bitcoin’s, Deribit Introduces a $50K ETH Strike for 2022 –...

Urban Tea Now Accepts Cryptocurrencies Including Dogecoin

Hey there! Before reading the article which is about Urban Tea Now Accepts Cryptocurrencies Including Dogecoin, you should read about new cryptocurrency. It shares...